Alexander David Investments shares fall following AGM update

Shares in AIM-listed investing company Alexander David Investments fell sharply on Monday after the company announced that its investing activities had been completely written down.

Shares in AIM-listed investing company Alexander David Investments fell sharply on Monday after the company announced that its investing activities had been completely written down.

In a quarterly update on its trading and financial position, the company stated that the board of Evergreen Oil had written to shareholders on October 23rd saying that it had "taken the decision to propose to shareholders that a vote is taken to place the company into voluntary liquidation".

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